March 19th 2012 - LeGuide.com announces today the closing of European shopping guide acquisition. This announcement follows a purchase agreement that was signed with Microsoft December 20th 2011. With this acquisition, LeGuide.com becomes the European leader of shopping guides.
A total audience of 31.8 million Unique Visitors[1]
With an audience of 16.8 Million Unique Visitors for LeGuide.com and 19.1 Million of Unique Visitors for Ciao, LeGuide.com becomes the European leader of shopping guides with a unique total unduplicated audience of 31.8 Million Unique Visitors.
Corinne Lejbowicz, Chairman of LeGuide.com group declares: “We are delighted to have finalised this acquisition. It represents a considerable step forward in our development strategy. Our new company profile provides us a powerful and unique position on the European market in addition of having a strong European brand. Our objective is to combine the two organisations’ expertise and technologies. We are focused on helping online shoppers make wise online purchase decisions and provide e-merchants increased sales and awareness opportunities, concludes Corinne Lejbowicz.”
Terms of the acquisition
This acquisition subject to strict confidentiality agreements, has entirely been realised in cash and without debt.
About LeGuide.com Group
LeGuide.com Group, a publisher of online shopping guides, comparison websites, shopping search engines and platforms for consumer ratings, has a total audience of 16.8 Million Unique Visitors. LeGuide.com is present in 14 European countries through a multi-site strategy surrounding a brand portfolio, including leguide.com, dooyoo.com, mercamania.com and antag.com. The group that lists 164 million offers from 74 500 e-merchants has generated €28.2 million in revenue in its 2011 financial year. LeGuide.com has been certified as an “Innovative company” by OSEO (a French public agency that supports SMEs) and is listed on the Alternext board of NYSE Euronext Paris (ticker: ALGUI; ISIN code: FR0010146092).
* source : Comscore, January 2012
For more information: www.leguide.com/finance
[1] Comscore Audience January 2012
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